All taxpayers have a choice of whether to take the standard deduction or itemize deductions

Indicate whether the statement is true or false.

Answer: TRUE

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Which of the following is an example of a product and testing standards nontariff barrier?

A) Malaysia's requirement that during prime time at least 40 percent of the songs on the radio be by local artists B) Brazil's requirement that new pharmaceutical products undergo clinical testing in Brazil C) China's policy that imported sugar be distributed only by state-owned enterprises D) Canada's requirement that organic baby food be manufactured locally

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Marcus owns 500 shares of Pharmacon Inc. The firm has a quarterly dividend policy of $0.50 per share or the option to reinvest the cash dividends into additional shares of company stock

If the stock is selling for $128.00 per share ex-dividend, how many shares of stock will Marcus receive in the next dividend period if he chooses the dividend reinvestment plan? A) 0.78 shares B) 1.25 shares C) 1.95 shares D) 16.21 shares

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